Roku planning to lay off another 200 workers
Roku, in an SEC filing this week, says it is planning to cut another 200 workers as part of a plan to prioritize projects that will have a “higher return on investment."
Disney+ users paid up when the price rose
Disney retained 94% of subscribers from its old, ad-free Disney+ service after a $3 per month price increase, pushing the subscription to $10.99 per month.
YouTube TV users will see 13% subscription price increase
YouTube TV users will see the price of a base plan subscription go up 13%, according to a Google announcement Thursday. The new price kicks in in about a month.
Tyler Perry expressed interest in buying majority stake of BET media group from Paramount Global
Tyler Perry has demonstrated interest in purchasing a majority stake in Black Entertainment Television, BET for short, which is currently controlled by Paramount.
Netflix lowering prices in 30 countries
Streaming giant Netflix has brought the prices it charges for subscriptions down in some countries, The Wall Street Journal reported on Thursday.
Paramount+ to raise subscription prices
Paramount Global executives announced Thursday that people will see an increase in the cost of Paramount+ streaming service subscriptions later in 2023.
Netflix partners with GM to put more electric vehicles in shows and movies
Netflix and General Motors announced a partnership on Thursday to put more electric vehicles in movies and TV shows produced by the streaming giant.
Netflix founder Reed Hastings stepping down as co-CEO
Reed Hastings, who founded Netflix in 1997, announced that he'll step down as co-CEO at the streaming platform and take on a new role as executive chairman.
Netflix announces partnership to stream SAG Awards live
Netflix is partnering up with the Screen Actors Guild Awards to bring the star-studded ceremony its platform, the streaming giant announced on Wednesday.
Disney will dump 'cash cow' ESPN and ABC in late 2023, Wells Fargo predicts
Wells Fargo bank analysts are predicting the return of Walt Disney CEO Bob Iger will lead to a spinoff of ESPN and ABC.
The end of Netflix password sharing is nigh
Netflix sees password sharing as an obstacle to new subscriptions, and is trying to balance cracking down on shared accounts with maintaining brand loyalty.
Great American Family shakes up Christmas movie season
Faith and family-based Great American Family has joined the Christmas movie competition with an around-the-clock Christmas movie schedule through New Year's Day in direct competition to Hallmark, Lifetime and others
Ad-supported Disney+ subscription option rolls out in US
The Walt Disney Company on Thursday announced that the new ad-supported subscription option in the U.S. for its Disney+ streaming platform has now rolled out.
Netflix to let tens of thousands of subscribers give early feedback on content
Netflix will expand the Netflix Preview Club from 2,000 to tens of thousands, to maximize the quality of content released to its 223 million plus subsribers.
Disney buys MLB's stake in streaming firm BAMTech for $900M
Disney, back in 2016, began the process to acquire BAMTech by buying a 33% stake for $1 billion to allow it to sell more content directly to consumers.
AMC Networks plans layoffs as CEO Christina Spade exits
AMC, the TV home of numerous hits including "Mad Men," "Breaking Bad" and "The Walking Dead" over the past decade, has been under pressure from cord-cutting.
Walt Disney CEO Iger meets with employees, hiring freeze stays in effect
Disney CEO Bob Iger on Monday held his first meeting with employees following his return to the top role at the entertainment giant and told them that the company's hiring freeze will remain in effect.
Disney+ subscriber base grows by 12.1 million in Q4
The subscriber count for Disney+ grew by 12.1 million subscribers in the fourth quarter, raising the total for the streaming platform to 164.2 million.
Paramount’s profit falls on rising costs
Paramount's revenue rose nearly 5% lead by movies including Top Gun, but profit was way down as the cost of acquiring subscribers soars in a tight streaming.
Comcast, Charter Communications name streaming joint venture 'Xumo'
Xumo will bring its first branded devices to market in late 2023, distributed by Comcast, Charter and Walmart. Additional distributors will be announced at a later date.